Net Loss Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

Net Loss Per Share

11. NET LOSS PER SHARE

The following table sets forth the computation of the Company’s basic and diluted net loss per share for the years ended December 31, 2023 and 2022 (in thousands, except share and per share amounts):

	2023			2022
Numerator:
Net loss	$	(29,491	)	$	(35,709	)
Denominator:
Weighted-average common shares outstanding		15,416,203			11,548,907
Less: Weighted-average unvested restricted shares and shares subject to repurchase		—			—
Weighted-average shares used in computing basic and diluted net loss per share		15,416,203			11,548,907
Net loss per share attributable to common stockholders—basic and diluted	$	(1.91	)	$	(3.09	)

As of December 31, 2023 and 2022, the Company’s potentially dilutive securities included unvested stock warrants and stock options, which have been excluded from the computation of diluted net loss per share attributable to common stockholders as the effect would be anti-dilutive. The issuance of pre-funded warrants have been included in the computation of basic and diluted net loss per share attributable to common stockholders. Based on the amounts outstanding as of December 31, 2023 and 2022, the Company excluded the following potential common shares from the computation of diluted net loss per share attributable to common stockholders because including them would have had an anti-dilutive effect:

	2023		2022
Options to purchase common stock		3,554,112		1,553,041
Restricted stock units		125,000		—
Common stock warrants		6,036		6,036
		3,685,148		1,559,077